GREAT INVESTMENT OPPORTUNITY – 3 FLOORS APARTMENT WITH A ROOF TO, Famagusta, Northern Cyprus

Reference No: HP3119

An unusual property located in the heart of Famagusta within the ancient walls. Can be used as a restaurant or offices or a mix of both. There is access to 3 separate rooms on different floors and a mezzanine space on the ground floor room.

The Property

Ground Floor

Entrance Hall: 4.2m² x 14m²

As you enter the property the entrance hall leads to a very big space including an under stairs storage and sliding door to the back of the property. One stair leads to the loft area and another stairs to the first floor.

Mezzanine space: 4.1m² x 8.2m²

This mezzanine space is fitted with a little kitchenette

Toilet: 1m² x 2m²

Fitted with a toilet and a sink.

First Floor

1st Room: 4.6m² x 3m²

Fitted with one window and laminating floors.

Second Floor

2nd Room: 3m² x 14m²  

Another room on the second floor with laminating flooring and balconies both on front & back overviewing the surrounding.

Bathroom: 2m² x 2m²

Fitted with a shower unit, toilet and wash basin.

Third Floor

Roof Top Terrace: 2.5m² x 14m²  

A huge roof top terrace with distance sea views and the surrounding area.

Rent

Long Term – 1,500 – 2,000 Stg per month

The area

Famagusta is actually one of the most populated cities in Northern Cyprus and is filled with dozens of cafes, bars, restaurants, supermarkets, boutique shops, mini markets, electrical stores, clothes and shoes stores, home goods and much more. In addition to the amenities Famagusta also holds a fantastic university which was voted one of the top 100 universities in the world. Many young adults from all over world come to study here which is fantastic for those purchasing property for buy to let investment.

If you haven’t heard already, Famagusta holds the biggest history on the Island as it was once one of the top holiday destinations in Europe before the divide. Some of the world’s biggest celebrities from around the world would come to visit and even some owned homes including Elizabeth Taylor and her home still stands today. Tourists can now visit what was once the original City and see the old buildings. Amazingly today one of the towns is still thriving with beautiful mini high streets filled with boutique stores, restaurants and bars, this is known as the old walled City which also lies within the famous Othello’s castle walls. It really is an amazing and wonderful place indeed.

Local amenities and attractions, travelling times.

Nearest large supermarket - 5 minutes’ walk

Chemist & Clinic - 5 minute walk

Iskele – 20 minutes

Long Beach area - 20 minutes

Salamis Ruins and St Barnabas abbey – 15 minutes

Karpaz Gate Marina – 70 minutes

Karpaz Peninsular – 90 hour drive

Ercan Airport – 40 minutes

Larnaca Airport – 1 hr 20 minutes